Press Releases - RBI - Reserve Bank of India

July 3, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.15 on 3.07.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN02 July, 200147.070066.500539.870637.7803 July, 200147.150066.790339.962038.0400Note : The reference rate is based on 12 noon rates of a few select banks in Mumba

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES11/06/20013001087131585751,2511395121431312/06/2001335663719135578215258080313/06/200128876821085691,17171802106514/06/2001287892631564551,2574948192515/06/20012997338926114881,516354691583SALES11/06/2001278125261217495831,226855791441312/06/20012881488718194848773860280413/06/2001

July 2, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.07 on 2.07.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN29 June, 2001 47.040066.157139.777037.9102 July, 200147.070066.500539.870637.7800Note : The reference rate is based on 12 noon rates of a few select banks in Mumb

June 29, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.04 on 29.06.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN28 June, 2001 47.010066.577940.353437.6829 June, 2001 47.040066.157139.777037.9100Note : The reference rate is based on 12 noon rates of a few select banks in M

The Reserve Bank of India has on June 29, 2001 notified that it would be in order to purchase the shares of Dr. Reddy's Laboratories Ltd. in the secondary market on behalf of Foreign Institutional Investors (FIIs), as the paid up capital of the company has increased and the aggregate Foreign Institutional Investors holding has gone down below 28 per cent.P.V. Sadanandan Asst. ManagerPress Release : 2000-01/1749 Monitoring of Investments in CompaniesFII InvestmentNRIs/

The Reserve Bank of India has on June 28, 2001 notified that no further purchases of equity shares of Dr. Reddy's Laboratories Ltd. should be made on behalf of Foreign Institutional Investors (FIIs) without the prior permission of the Reserve Bank of India. The Reserve Bank of India has stated that Dr. Reddy's Laboratories Ltd. has reached the overall ceiling of 28 per cent o­f its paid up capital.P.V. Sadanandan Asst. ManagerPress Release : 2000-01/1742 Monitoring of

June 28, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.01 on 28.06.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN27 June, 2001 47.010066.622640.600237.8028 June, 2001 47.010066.577940.353437.6800Note : The reference rate is based on 12 noon rates of a few select banks in M

The Reserve Bank of India on June 27, 2001 has notified that Nexus Software Ltd. has reached the limit of 8% of its paid-up equity capital. No further purchases of shares of Nexus Software Ltd. should, therefore, be made in the secondary market on behalf of non-resident Indians (NRIs)/overseas corporate bodies (OCBs) and persons of Indian Origin (PIOs).P.V. Sadanandan Asstt. ManagerPress Release : 2000-01/1735 Monitoring of Investments in CompaniesFII InvestmentNRIs/O

June 27, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.01 on 27.06.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN26 June, 2001 47.040066.455840.626138.0627 June, 2001 47.010066.622640.600237.8000Note : The reference rate is based on 12 noon rates of a few select banks in M

June 26, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.04 on 26.06.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : Date CURRENCY 1 USD1 GBP1 EURO100 YEN25 June, 2001 46.990066.523740.352737.8426 June, 2001 47.040066.455840.626138.0600Note : The reference rate is based on 12 noon rates of a few select banks in